exports

Pakistan’s regional exports increase 20% in 10 months

Pakistan's exports to seven regional countries increased by 20.61% in the first ten months of the financial year 2023-24, totaling $3,655.483 million. China led with the highest exports, followed by Bangladesh and Afghanistan. Imports from the same countries showed an increase of 26.77%, with China being the top importing country.

PM Shehbaz calls for urgent steps to make exports more competitive

PM Shehbaz Sharif called for urgent measures to enhance export competitiveness, focusing on the facilitation of the private sector and promoting non-traditional goods. He emphasized scrutiny of trade and investment officers, fortnightly reviews of export sectors, and ongoing trade agreements and legislation for industrial development. The meeting also discussed the Free Trade Agreement with Gulf states and other trade-related updates.

India extends ban on onion exports indefinitely ahead of general election

India has extended its ban on onion exports indefinitely, affecting overseas markets and exacerbating high prices. Despite anticipation of the ban being lifted due to falling local prices and fresh supplies, the government unexpectedly issued an order to keep it in place until further notice. This move has impacted countries reliant on Indian onion imports.

Saudi Crown Prince Calls on All Countries to Stop Arms Exports to Israel

Saudi Arabia’s Crown Prince Mohammed bin Salman has made a strong appeal to all countries to halt the export of weapons to Israel. The call came during an extraordinary summit of the BRICS group of nations, hosted by South Africa. The summit aims to develop a unified response to the ongoing Israel-Hamas conflict.